2 Hectares Residential Land at Wasa Phase 1

2 Hectares Residential Land at Wasa Phase 1 - 1
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Price Analysis Above Market

Based on 1338 similar listings

Market Demand

High Demand

Details

Type
Residential Land
Title
Right of Occupancy
Address
Wasa Phase 1 by Gilmore, Abuja
Property Use
Residential
Square meters
20,000 sqm
Type of Purchase
Outright Price

2 Hectares Residential Land at Wasa Phase 1 Highlights

  • Prime Residential Location: Wasa Phase 1 is a developing area in Abuja, known for its potential for residential growth. It offers a strategic location with proximity to essential services and infrastructure.
  • Generous Land Size: This plot offers 20,000 square meters of space, providing ample room for constructing a substantial residence or multiple units. It allows for extensive landscaping and development.
  • Right of Occupancy Title: A Right of Occupancy (R of O) is a common land title in Nigeria, granting the holder the right to occupy and use a piece of land for a specified period. It is a recognized form of land tenure.
  • Suitable for Outright Purchase: The land is available for an outright purchase, meaning the buyer acquires full ownership without financing contingencies. This simplifies the transaction process.
  • Potential for Infrastructure Development: As a developing area, plots in Wasa Phase 1 may require connection to existing or new utility services such as water, electricity, and sewage. Buyers should verify availability.

Description

• Two hectares of land located in Wasa Phase 1, near Gilmore. • FCDA Registered of Occupancy (R of O) title. • Originally designated for factory use, but concessioned for housing development. • Flat topography suitable for construction. • Proximity to Gilmore area offers potential for future development and accessibility. • Land is ready for development and can accommodate multiple housing units or a large residential project.

Compare

2 Hectares Residential Land at Wasa Phase 1This item
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TypeResidential LandMixed-use LandMixed-use Land
TitleRight of OccupancyDeed of AssignmentCertificate of Occupancy
AddressWasa Phase 1 by Gilmore, AbujaCamp Davies Road AyoboDozie way road umuahia
Property UseResidentialMixedMixed
Square meters20,000 sqm1,360 sqm2,790 sqm
Type of PurchaseOutright PriceOutright PriceOutright Price
Price₦ 320,000,000₦ 270,000,000₦ 250,000,000